EVN’s electricity production rises 10.5% in five months
The State-run Electricity of Vietnam (EVN) Group produced 74.42 billion kWh of electricity in the first five months of 2018, an increase of 10.5% from a year earlier.
- Electricity sector urged to reduce power loss
- Electricity of Vietnam rounds off restructuring plan
- Electricity output climbs over 11% in 11 months
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Electricity losses in the January-May period were estimated at 6.2%, 1% lower than the target of 7.2%.
In May alone, the group generated 16.02 billion kWh of electricity, up 10.06 percent year on year, and ensured a stable supply of power as the summer came.
The group’s electricity output from domestic production and import reached 19.59 billion kWh of electricity in May.
The EVN has submitted to Prime Minister Nguyen Xuan Phuc a plan to restructure its subsidiaries and reported to the Ministry of Industry and Trade a revised plan on electricity supply by 2030 and a project to separate wholesale and retailing distribution in the group’s power corporations. It also directed the power corporations to review electricity prices for tenants.
According to the EVN, the second quarter is the peak of the dry season and also the most challenging time of the year for the group to maintain power supply for the country.
In the coming months, the group plans to ensure sufficient power supply for the national high school examination in late June as well as safety of hydro-electricity dams and plants as well as the lowland areas during this year’s rainy season.
